Builder confidence in the market for newly built single-family homes was 32 in August, down one point from July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder sentiment has now been in negative territory for 16 consecutive months and has hovered at a relatively low reading between 32 […]
Confidence in the market for new multifamily housing declined year-over-year in the first quarter, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down three points year-over-year, while the Multifamily Occupancy Index […]
The National Association of Home Builders (NAHB), is reporting that a small decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February although housing affordability challenges continue to act as a strong headwind on the market. According to newly released data from the U.S. Department of Housing and […]
A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note. The boost came even as buyers continue to grapple with housing affordability challenges. Sales of newly built, single-family homes in December increased 3.6% to a 698,000 seasonally adjusted annual rate from an upwardly revised […]
On the heels of the New Year, FrogTape® brand painter’s tape announced the top trending paint projects that homeowners are most likely to try this year. Backed by an in-depth report exploring DIYers’ personal preferences and the latest interior design trends, the “What’s Trending” research dives into the top projects on DIYers’ wish lists and […]
With expectations of the Federal Reserve beginning the first in a series of rate reductions, potential home buyers held off purchasing new homes in August, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau Sales of newly built, single-family homes in August fell 4.7% after an unusually […]
Sales of newly built, single-family homes in May fell 11.3% to a 619,000 seasonally adjusted annual rate from a sharp upwardly revised reading in April, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. According to the data, the pace of new home sales in […]
Despite higher interest rates, new home sales rose in March due to limited inventory of existing homes. However, the National Association of Home Builders (NAHB) predicts that the pace of new home sales will be under pressure in April as mortgage rates moved above 7% in April, which is expected to moderate sales and increase […]
A new report suggests that pent-up demand, moderating interest rates, and a lack of existing inventory helped push single-family starts in February, reaching their highest level since April 2022. According to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts increased 10.7% in February to […]
Dodge Construction Network and the National Association of Home Builders (NAHB) recently released the latest findings from the Building Sustainably: Green & Resilient Single-Family Homes 2024 SmartMarket Brief. The latest in a series of studies conducted by Dodge and NAHB, the report showcases a remarkable uptick in the adoption of green building products and practices, […]
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